Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- TransDigm Group (NYSE: TDG) hit a new 52-week high Thursday as it is currently trading at $147.56, above its previous 52-week high of $146.72 with 39,889 shares traded as of 9:40 a.m. ET. Average volume has been 393,300 shares over the past 30 days. TransDigm Group has a market cap of $7.31 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 48.5% year to date as of the close of trading on Wednesday. TransDigm Group Incorporated designs, produces, and supplies engineered aircraft components for use on commercial and military aircraft principally in the United States. The company has a P/E ratio of 25.6, above the average aerospace/defense industry P/E ratio of 25.4 and above the S&P 500 P/E ratio of 17.7.
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